1/145 Milton Street, Somerfield, Christchurch

Nestled in the desirable cul-de-sac of 1/145 Milton Street, Somerfield, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1972 with iron roofing and concrete walls in good condition, the property sits on a level contour. The current Capital Value (CV) as of August 2022 is $460,000, reflecting a 50.82% increase since August 2019. The property is held under a Cross-Lease title.

With a HouGarden AVM of $455,000 and a latest sale history of $294,200 in 2018, this property presents a sound investment. Notably, the CV growth and the convenient location make it an attractive option for first home buyers, young families, or investors. The property is fully double glazed, well insulated, and equipped with a HRV system.

Educationally, the property falls within the zones of highly esteemed schools such as Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and Cashmere High School (Decile 9), ensuring a quality education for residents.

Updated on November 14, 2024